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Search Results 0 to 13 of about 14 (some duplicates have been removed)
NBC
Dec 29, 2012 6:00am EST
optimism that democrats and republicans could come to a deal before december 31st. president obama met with house and senate leaders yesterday. lawmakers are hoping for a deal to help avoid tax increases for everyone as well as massive spending cuts in defense and other areas. if a deal can be reached, the senate would vote on it first and then it would head to the house. the latest the house would vote on a possible deal is january 2nd. the final full day before a new congress takes office. the house is set to return to work tomorrow night, however. speaker john boehner told fellow representatives there would be a session at 6:30 tomorrow night. he said he hopes to have a senate bill in his hand by then that they can vote on. and be sure to tune in tomorrow morning for "meet the press." david gregory will sit down with an exclusive interview with president obama. you can see "meet the press" here on nbc 4. the show starts at 10:30. >>> new this morning, many same-sex couples in the state of maine can now say they're married. that state began allowing same-sex marriages at 12:01 th
NBC
Dec 30, 2012 6:00am EST
plan in the works to sign a deal before the deadline. kristin welker has more on the gridlock and the nationwide frustration it's causing. >>> they are trying to hammer out a last-minute deal. president obama pushed lawmakers to act. >> we cannot let washington politics gets in the way of america's progress. >> and they called on them to reach a prau phaoeuz or allow a vote on his plan that would among other things raise taxes on those making $250,000. >> i believe it could pass both houses as long as these leaders allow it to come to a vote. >> roy blunt delivered the republican spaupbs. >> the president's proposal to raise taxes on the top 2% of the americans will not even pay the interest on the trillion-dollar debt. >> and there is a plan that could include extending unemployment insurance benefits, and allowing tax rates to increase on the wealthiest americans. but this issue remains a major sticking point with many republicans resisting any tax inkraes at all. the last-minute process calls into question washington's ability to look at all the issues. >> meanwhile, americans
NBC
Dec 24, 2012 4:30am EST
to get a deal done before the end of the year to avoid a fiscal cliff. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them just five days to get a deal done to avoid steep tax hikes and spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential econom disaster. >> my one bit of advice to speaker boehner is this. you can't pass a bill with just republicans. on a broad thing like this, you need both. >> ronald reagan model is if you get 80% of what you want, that's a good day. we have the same objective of lower taxes. i like simpson-bowles. put money on the debt. tax rate hikes are partisan solution driven by the president but he'll get tax rate hikes. >> some lawmakers say that no deal will get done by the end of the year. >>> the second victim of a shooting in northeast washington has died. beasley was found shot in the early hours of saturday morning. harris was found lying in the road nearby and pronounced dead at the scene. police are of
NBC
Dec 28, 2012 5:00am EST
morning. >>> negotiations will resume today at the white house on a deal to keep the country from going over the so-called fiscal cliff. president obama will meet with congressional leaders this afternoon with just four days left to reach an agreement. with time running out, it appears a deal at this point would likely include an extension of tax cuts for the middle class and a cancellation of spending cuts. an aide to senate minority leader mitch mcconnell says the republican senator is eager, quote-unquote, to hear from the president. >>> house lawmakers are heading back to washington ahead of a deal. john boehner called the house back into session for a rare sunday evening session. boehner says it's up to the senate to act. he says the house has done its part to -- it would extend existing tax cuts for all americans. >>> federal workers are told to take steps to prepare for possible furloughs if spending cuts that would be part of the fiscal cliff take effect. the office of personnel management issued new guidelines which state that employees will be given at least 60 days' notice be
NBC
Dec 28, 2012 6:00am EST
obama meets with congressional leaders this afternoon. democrats and republicans both say a deal at this point would probably extend bush era tax cuts for most persons and raise taxes on the country's top earners. it could include an extension of long-term unemployment benefits, spending cuts would also be postponed. >>> house speaker john boehner will be at today's meeting. he says the house will convene for a rare sunday evening session. eric cantor says the house could be in session until january 2nd. that's the day before the new congress is sworn in. boehner, meanwhile, still maintains that it's up to the senate at this point to make the first move. >>> going over the fiscal cliff could have a huge impact on the local economy. thousands of people could lose their jobs, especially federal employees and government contractors. the defense industry could face billions of dollars in cuts. >> i represent the third largest number of federal employees and probably the largest single number of federal contractors. so that federal nexus is really important to our economy. we immediate t
NBC
Dec 28, 2012 4:30am EST
crucial day in the effort to keep the country from going off the fiscal cliff. president obama meets with congressional leaders this afternoon. white house is denying reports to send a scaled back plan to congress. a deal at this point would probably extend bush era tax cuts for most americans and raise taxes on the country's top earners. it could also include an extension of long-term unemployment benefits, spending cuts would also be postponed. house speaker john boehner will be at the meeting today. the house will convene for a rare sunday evening session. house majority leader eric cantor says the house could be in session until january 2nd, the day before the new congress is sworn in. boehner, meanwhile, maintains that it's up to the senate to act first. >>> millions of americans may watch the ball drop new year's eve in times square, but a group of democrats is organizing its own ball drop on capitol hill. they'll launch their countdown today. their ball represents republicans dropping the ball on middle class families should lawmakers fail to reach a deal to avoid the fiscal c
NBC
Dec 31, 2012 6:00am EST
negotiator for the democrats. meet the press, president obama blamed republicans. >> they say that the biggest priority is making sure that we deal with the deficit in a serious way. the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> if a deal is not reached by midnight tonight, taxes go up for nine out of ten americans and 2 million people without jobs will not get unemployment insurance starting tomorrow. sharp cuts in defense spending and programs will kick in onnian 2nd. >>> even if lawmakers cannot strike a deal, there will not be panic in the dairy aisle. there is a deal in place to make sure that milk prices do not skyrocket. cnbc's hampton pearson is live with more. >> how are you doing, erika. picking up on what you were talking about, congress may be having trouble avoiding the fiscal cliff. but they might be able to skirt the dairy cliff. the u.s. farm bill could keep milk prices from surging next year. it would keep a subsidy from coming back to life when the current farm bill expires today. und
NBC
Dec 24, 2012 5:00am EST
say they feel for the first time a deal may not get done by the end of the year. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >> my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans on a broad thing like this, you need both. >> ronald reagan model is if you get 80% of what you want that's a good day. we have the same objective of lower taxes. i like simpson-bowles. put money on the debt. tax rate hikes are partisan solution driven by the president but he's going to get tax rate hikes. >> lawmakers say they are preparing to spend new year's eve on capitol hill. >> one of the survivors in the oregon mall shooting is speaking out for the first time. the 15 year old was shot december 11th. she was walking through the mall and says the gunman walked right
NBC
Dec 24, 2012 6:00am EST
next month. >>> lawmakers are preparing for a long final week of 2012 as they try to get a deal done by the end of the year to avoid the fiscal cliff. congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >> good morning to you. shoppers filled the malls and stores on the final weekend before christmas but many people may have not been filled with holiday spirit this year. research group npd says customer traffic was in line with last year but consumers are spending less. a combination of factors may be weighing on their minds including the tax impact of the fiscal cliff, aftereffects of sandy and shootings in connecticut. 'tis the season for giving but many charities ar
NBC
Dec 31, 2012 5:00am EST
the clock behind closed doors to broker a deal with several options on the table. republicans reached out to vice president biden for help with negotiations. meantime, president obama sais he's still cautiously optimistic. nbc's danielle lee is live on capitol hill with the latest. good morning, danielle. >> richard, good morning. the senate will get back to work on this very issue at 11:00 a.m. today. twh they do, they will not have a lot of time to avoid the massive spending cuts and tax increases. democratic leader harry reid says they hope to have an announcement. but at this time, lawmakers say they are still looking at a significant divide, specifically on at what point, what salary should taxes increase. aides say lawmakers did make significant progress over the weekend, specifically on the issue of tax increases for the very wealthiest americans and avoiding the inheritance tax increase and republicans gave up on their demand for social security, cuts to social security to be a part of this deal. democrats have accused republicans of being too stubborn on the issue of tax incr
NBC
Dec 30, 2012 9:00am EST
with president obama for his first appearance on the program in over three years underscoring the importance of the high-stakes showdown taking place in washington in the next few hours, will there be a deal on the fiscal cliff. plus, the other pressing top guns, benghazi, and what he hopes to finish in his second term. >>> in the week ahead, maryland same-sex couples can legally get married beginning on tuesday. maryland lawmakers approved the law. >>> driving the dulles toll road in virginia becomes more expensive starting tuesday, january 1st. the tolls go up to $1.25, and on and off-ramps will increase from 25 cents to $1. that means an extra $1 a tkaday >>> and then metro stopped selling the paper version of the fast pass in august, and starting on january 1st, only the electronic version of the fast pass will work. >>> let's take a live look now at fedex field. that is where the showdown is going to happen. it's a big day for the redskins. they are taking on the dallas cowboys for the east title, and winner gets a guaranteed spot in the playoffs. kickoff is at 8:20. after th
NBC
Jan 1, 2013 4:30am EST
to have president obama's signature on the legislation by the time the new congress takes office. that is at noon on thursday. that would minimize the impact of not having a deal in place by the start of the year. >>> another spending battle is brewing on capitol hill. the government is close to reaching its debt limit. the treasury is taking steps to delay reaching the 16.4 trillion dollar borrowing limit. yesterday it stopped issuing new debt for two government retirement funds. that will not affect current retirees. treasury secretary timothy geithner announced last week that his department will adopt measures to save $200 billion keeping the government from reaching its limit for about two months. >>> we'll have much more on this deal throughout this evening on news 4 at 5:00 and then again at 11:00. you can also read about it throughout the day by going to nbcwashington.com. >>> at some point numbers will be fun again but not right now. >> absolutely. but it is a chilly start this morning. not as bad as it has been the past couple of days. >> this is true. 4:31 is our time r
NBC
Jan 1, 2013 5:00am EST
or trying to change it. the white house hopes to have president obama's signature on the legislation by the time the new congress takes office at noon on thursday. that would minimize the impact of not having a deal in place by the start of the year. another spending battle is also brewing on capitol hill. the government is close to reaching its debt limit. the treasury is taking steps to delay reaching the $16.4 trillion borrowing limit. yesterday it stopped issuing new debt for two government retirement funds. that won't impact current retirees. treasury secretary timothy geithner announced last week that his department will adopt measures to save about $200 billion. that's going to keep the government from reaching its limit for about two months. >>> we've also got much more information coming ahead in the next few hours on this deal right here on news4 today. again on news 4 at 5:00 and at 11:00. you can also read about it by going to nbcwashington.com. >>> today is the day some couples in maryland thought would never come. same-sex marriage became legal at the stroke of midnight
Search Results 0 to 13 of about 14 (some duplicates have been removed)